Earlier this month the Colonial Pipeline, which transports nearly half of the U.S. east coast’s fuel supplies, was hacked by a ransomware gang. That shut down its operations on the 5,500 mile pipeline causing gas prices to soar. Could a similar attack happen in Canada? How vulnerable is the country’s critical infrastructure to attack? And is the Canadian government taking the escalating cyber threat seriously enough?
In 2008, Sault Ste. Marie — with its windfarm and its hydroelectric plant — declared itself the alternative-energy capital of North America. Now it’s looking to update that claim with the Sault Smart Grid.
The city states that the community-wide, $34 million project, which will revamp Sault Ste. Marie’s energy-distribution infrastructure by 2022, is the first of its kind in Canada.
Cybersecurity requires ‘resilience’ in developing an effective strategy against numerous threats. It is a multifaceted term that seeks to capture the essence of responding in cyberspace to the risks and complexities of an intended or unintended adversary. It is a term that can apply in government, private industry, or at the personal level.
The Journal of Cyber Resilience is a new publication seeking to promote interdisciplinary research and discussions about what resilience means and how it can be developed as a concept in the cyber environment.
A Year in Review:
As 2020 winds down and we look to 2021, I wanted to take this opportunity to reflect on the past year.
2020 started strong – cyber threat information sharing was increasing; planning was underway to start regional get-togethers to help you build networks, establish trust relationships and share experiences; we participated in events in Vancouver,
Are you a cybersecurity professional? You won’t want to miss this event! Join CCTX, Loblaws, and Deloitte in Vancouver on February 10, 2020.
Hear from industry experts, network with like-minded peers, and participate in high caliber conversations around trending topics for 2020.
- Learn key lessons in securing cloud computing
- Hear best practices for protecting organizations against ransomware
- Discover the top cyber risk priorities
- You can even earn 3 CPE credits!
Jennifer has recently assumed the duties of Chief Operating Officer of the Canadian Cyber Threat Exchange (CCTX), Canada’s private sector organization for the sharing and analysis of cyber threat information, enabling collaboration across all sectors. She will have executive responsibility for the organization’s operations and contribute to its strategic development. Most recently, Jennifer was the Director of People Resources and Operations at Gryphon Secure,
CCTX is seeking commercial information on existing and emerging innovative technologies and approaches that can be leveraged to provide a state-of-the-art cyber intelligence collaboration and sharing hub for its members. CCTX seeks to investigate:
- the provision of its Platform as a Service (PaaS), including an investigation of the use of the Cloud to host its hub;
CCTX third annual collaboration event Success Stories for Cyber Resilience: A CCTX Collaboration Event was a great success!
“Excellent panels of speakers.
Author : Gavin Davidson via Mediaplanet
Source : IndustryandBusiness.ca
According to research conducted by IBM — which reports that over 90 percent of data breaches stem from malicious attacks — the average cost of a single data breach, when measured globally, is $3.86 million USD. IBM’s research also revealed that today’s cyber fraudsters are much stealthier, meaning it will take longer for organizations to both detect and contain malicious attacks.
Author : Government of Canada, Public Safety Canada
Source : Public Safety Canada